TRON / Dollar intraday: the upside prevails as long as 0.2833 is support

Our pivot point is at 0.2833.

Our preference: the upside prevails as long as 0.2833 is support.

Alternative scenario: the downside breakout of 0.2833 would call for 0.2802 and 0.2784.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.2851 and 0.2842).

Supports and resistances:

0.2950 **

0.2932 *

0.2914 **

0.2896

0.2857 last

0.2845

0.2833 **